5 Best Tech Stocks to Buy According to Anand Parekh’s Alyeska Investment

Page 5 of 5

1. Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Alyeska Investment’s Stake Value: $169 million

Percentage of Alyeska Investment’s 13F Portfolio: 1.93%

Number of Hedge Fund Holders: 66

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the largest video game development firms in the world. It has several development brands in its portfolio, with the most famous one of these being Rockstar Games which is renowned for the video game Grand Theft Auto.

For its Q2 2022 investments, Mr. Parekh’s hedge fund owned a $169 million stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) which represented 1.93% of its investment portfolio. Insider Monkey surveyed 895 hedge fund holdings for their June quarter of 2022 investments to discover that 66 had bought a stake in the game developer.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s GTA franchise is one of the most well recognized brands in the world, and it is expected that the company will further build on this by integrating a metaverse in the platform. To date, GTA V has sold 170 million units, becoming one of the most successful gaming brands in the world.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s largest investor in our database is Andreas Halvorsen’s Viking Global which owns 1.9 million shares that are worth $245 million.

Disclosure: None. You can also take a look at 15 Largest FMCG Companies in the World and 10 Best Cheap Technology Stocks To Buy.

Page 5 of 5